1128-1136 38 St SE

Calgary, AB T2A 1G4 View Map $1,050,000 Schedule a Tour
Sq.Ft.864
Year1957
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Lee Yousef

Lee Yousef

(587) 329-0993
 
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Status: Active
Property Type:Row/Townhouse
MLS® #:A1153843
Sq. Feet:864
On Site:45 Days
Lot Size:0.41 Acres
County:Calgary
With 150 ft of frontage in the up-and-coming district bordering the rejuvenated 17th Ave, this is an excellent opportunity for a developer or aspiring landlord to pick up a pre-assembled package of R-C2 land with potential to re-zone to R-CG and holding income in the meantime. Operating with a net income of more than $40,000 annually, the package includes 3 solid 1957 bungalows with tenants in place and a total 18,890 sf of developable land. Proximity to nearby amenities, transportation routes and the 17th Ave BRT offer the buyer an incredible chance to acquire a turnkey investment or future development prospect. Access to land is, and will continue to be, most significant obstacle for urban development, and with nearly 20,000sf, you could be the one holding out for top dollar, or developing and selling new duplexes or townhomes in just a few short months. Don t miss out on your chance to pick up one of the largest contiguous parcels that s been made available in recent history! Call today!

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:1128-1136 38 St SE Calgary, AB T2A 1G4
County:Calgary
City:Calgary
Subdivision:Forest Lawn
Postal Code:T2A 1G4

Architecture

Year Built:1957
Stories:1
Style:Bungalow
Construction Type: Wood Frame
Roof: Asphalt Shingle
Foundation: Block
Basement: Full

Features / Amenities

Fin. Sq. Ft.:864
Restrictions: Airspace Restriction
Number of Parking: 6
Heating: Forced Air, Natural Gas

Property Features

Lot Size: 0.41 Acres
Lot Dimensions:150 x 120
Lot Features: Back Lane, City Lot, Near Shopping Center, Near Public Transit, Rectangular Lot
Community Features: Park, Schools Nearby, Playground, Shopping Nearby
Zoning:R-C2

Schools & Parks

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1128-1136 38 St SE Calgary, AB T2A 1G4
GO SEE THIS LISTING
1128-1136 38 St SE Calgary, AB T2A 1G4
 
ASAP
Mon
29
Nov
Tue
30
Nov
Wed
1
Dec
Thu
2
Dec
Fri
3
Dec
Sat
4
Dec
Sun
5
Dec
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 11/28/2021
Listing provided courtesy of Real Broker.